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Wolverine Lake, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,487
Population
$92,247
Median Income
$288,000
Home Value
41.7
Median Age

Demographics

Wolverine Lake has a population of 4,487 with a median age of 41.7. Here is the racial and ethnic breakdown of the population:

White
90.4%
Other
4.1%
Hispanic
3.1%
Asian
1.8%
Black
0.6%
Demographic Value
Total Population4,487
Median Age41.7
White90.4%
Black or African American0.6%
Asian1.8%
Hispanic or Latino3.1%
Other / Two or More Races4.1%
Wolverine Lake, Michigan — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.4%Other: 4.1%Hispanic/Latino: 3.1%Other: 2.4%4,487PopulationWhiteWhite90.4%OtherOther4.1%Hispanic/LatinoHispanic/Latino3.1%OtherOther2.4%

Income & Economy

The median household income in Wolverine Lake is $92,247, which is 14.4% above the national median of $80,610. The per capita income is $50,510. The poverty rate is 5.8%.

$92,247
Median Household Income
$50,510
Per Capita Income
5.8%
Poverty Rate

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Education

In Wolverine Lake, 96.6% of residents age 25+ have a high school diploma or higher, and 37.4% hold a bachelor's degree or higher (11.4% with a graduate or professional degree).

HS Diploma+
96.6%
Bachelor's+
37.4%
Graduate+
11.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.6%
Bachelor's Degree or Higher37.4%
Graduate or Professional Degree11.4%

Housing

The median home value in Wolverine Lake is $288,000, below the national median of $303,400. The median monthly rent is $2,051. The homeownership rate is 76.4%.

$288,000
Median Home Value
$2,051/mo
Median Rent
76.4%
Homeownership Rate
Housing Metric Value
Median Home Value$288,000
Median Monthly Rent$2,051
Homeownership Rate76.4%
Vacancy Rate5.6%

Salaries in Michigan

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Frequently Asked Questions

What is the population of Wolverine Lake, Michigan?
The population of Wolverine Lake, Michigan is 4,487 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Wolverine Lake, Michigan?
The median household income in Wolverine Lake, Michigan is $92,247. This is 14.4% above the national median of $80,610.
What is the median home value in Wolverine Lake, Michigan?
The median home value in Wolverine Lake, Michigan is $288,000. The median monthly rent is $2,051.
What percentage of people in Wolverine Lake have a college degree?
In Wolverine Lake, Michigan, 37.4% of adults age 25 and older hold a bachelor's degree or higher, and 96.6% have a high school diploma or higher.
Is Wolverine Lake, Michigan an affordable place to live?
The home price-to-income ratio in Wolverine Lake, Michigan is 3.1x (median home value $288,000 vs. median income $92,247), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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